§ 73.1150 Transferring a station.
(a) In transferring a broadcast station, the licensee may retain no
right of reversion of the license, no right to reassignment of the
license in the future, and may not reserve the right to use the
facilities of the station for any period whatsoever.
(b) No license, renewal of license, assignment of license or transfer
of control of a corporate licensee will be granted or authorized if
there is a contract, arrangement or understanding, express or implied,
pursuant to which, as consideration or partial consideration for the
assignment or transfer, such rights, as stated in paragraph (a) of this
section, are retained.
(c) Licensees and/or permittees authorized to operate in the 535-1605
kHz and in the 1605-1705 kHz band pursuant to the Report and Order in
MM Docket No. 87-267 will not be permitted to assign or transfer
control of the license or permit for a single frequency during the
period that joint operation is authorized.
(d) Authorizations awarded pursuant to the noncommercial educational
point system in subpart K are subject to the holding period in
§ 73.7005. Applications for an assignment or transfer filed prior to
the end of the holding period must demonstrate the factors enumerated
therein.
[ 44 FR 58720 , Oct. 11, 1979, as amended at 56 FR 64872 , Dec. 12, 1991;
65 FR 36378 , June 8, 2000]
return arrow Back to Top

Report errors in
this rule. Since these rules are converted to HTML by machine, it's possible errors have been made. Please
help us improve these rules by clicking the Report FCC Rule Errors link to report an error.